I realized that if I had kept more reserves and had less leverage and done a rental stress test on my properties, all of the properties I had that I bought at the top of the market in 2006, I would have been doing bet...

In a related story, this is probably close to what happened in the Miami building collapse.

Meaning that if something were to happen to the base, the market would collapse.

So that if the market were to collapse and you've taken out a loan on your house, then you're going to be able to withstand the market as you go through it because you're living in the home that you have borrowed money out on.

Tragically, when the earthquake hit, an enormous section of the front of the house collapsed, and the property was eventually condemned and razed.

But, so long as inventory and interest rates remain the way they are, it's hard to see any immediate collapse in home prices.

Now when the market collapses which it’s going to do because we're at the top and it's going to start to head down.

Also, if we now remove the foundation support bars, the property can potentially collapse.

The most tragic example of condo mismanagement is the Surfside Condo in Miami that collapsed.

Either by price collapse or by increased supply.